35 Prodelin Way
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 2, 2021 | No longer available | - | |
| No longer available | |||
| Jan 28, 2021 | Listed by Berkshire Hathaway HomeServices New Jersey Properties | $350,000 | |
| Listed by Berkshire Hathaway HomeServices New Jersey Properties | |||
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Location Location Location!!!!! Property is located right off of Route 33, minutes from NJ Turnpike exit 8, one of the fastest growing areas of New Jersey. Easy accessibility to northern and southern parts of the state via turnpike or to Philadelphia or shore areas via Interstate 195.6 acres located in business park zone, BP, with a large building that was previously used as a day care. Building is in need of repair or renovation but there are many options for its use.
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| Jan 25, 2019 | Sold | ||
| Sold | |||
| Dec 14, 2018 | Listed by Joseph A Del Forno, Inc | $169,900 | |
| Listed by Joseph A Del Forno, Inc | |||
| Nov 3, 2018 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017